debt
confidence high
sentiment neutral
materiality 0.40
Boot Barn amends credit facility: raises revolver to $250M, extends maturity to 2027
Boot Barn Holdings, Inc.
- Revolving credit commitment increased to $250 million from prior amount.
- Maturity date extended to July 11, 2027.
- LIBOR benchmark replaced with Term SOFR for all revolving loans.
- Interest rates: SOFR loans + 1.00%-1.25% margin; base rate loans + 0.00%-0.25% margin.